Dominican Republic: Market for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm in the Dominican Republic

In 2022, the Dominican market for aluminium plates, sheets and strip of thickness over X mm increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, continues to indicate a pronounced slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from the Dominican Republic

For the fourth consecutive year, the Dominican Republic recorded growth in overseas shipments of aluminium plates, sheets and strip of thickness over X mm, which increased by X% to X tons in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of aluminium plates, sheets and strip of thickness over X mm surged to $X in 2022. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2019 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Haiti (X tons) was the main destination for exports of aluminium plates, sheets and strip of thickness over X mm from the Dominican Republic, accounting for a X% share of total exports. Moreover, exports of aluminium plates, sheets and strip of thickness over X mm to Haiti exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Haiti stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Antigua and Barbuda (X% per year).

In value terms, Haiti ($X) remains the key foreign market for aluminium plates, sheets and strip of thickness over X mm exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Haiti stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Antigua and Barbuda (X% per year).

Export Prices by Country

In 2022, the average export price for aluminium plates, sheets and strip of thickness over X mm amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Antigua and Barbuda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Imports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into the Dominican Republic

In 2022, supplies from abroad of aluminium plates, sheets and strip of thickness over X mm increased by X% to X tons, rising for the third consecutive year after three years of decline. Overall, imports, however, saw a mild downturn. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of aluminium plates, sheets and strip of thickness over X mm soared to $X in 2022. In general, imports enjoyed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), China (X tons) and the United Arab Emirates (X tons) were the main suppliers of imports of aluminium plates, sheets and strip of thickness over X mm to the Dominican Republic, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium plate, sheet and strip of thickness over X mm suppliers to the Dominican Republic were the United States ($X), China ($X) and the United Arab Emirates ($X), together comprising X% of total imports.

Among the main suppliers, China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for aluminium plates, sheets and strip of thickness over X mm amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :